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In the figure 50/75/20, the first two numbers refer to bodily injury coverage. What does the third number refer to?
A) uninsured/underinsured motorist coverage
B) comprehensive physical damage
C) property damage
D) collision coverage
2. Suppose the quality of U.S.made bulldozers declined.
a) The supply curve for imported bulldozers will:
1-shift to the right
2-stay the same
3-shift to the left.
A firm makes and sells a computer for $1000. The variable cost to produce. A computer, for the range of production of the firm, is $300 per unit. The total fixed cost per year to make the computer are $4.0 million. How many computers must me made and..
Beth has two sandwiches for lunch. The marginal benefit that beth receives from the second sandwich is _________.
Although water is essential to life no matter where one lives, the demand for water differ across regions. In one study it was found that the price elasticity of demand for water in all regions of the United States ranges from 0.39 to 0.69. Why is th..
Were you successful in stabilizing the U.S. debt? If not, how much of a deficit or surplus did you end up with? What does this exercise tell you about the process of creating a budget plan? Re-examine the budget cuts or increases you made. What probl..
Determine if the following situations describe a game or a decision. Indicate what specific features of the situation caused you to classify it’s you did. A party nominee for president of the United States must choose whether to use private financing..
Suppose that fiscal policy changes output faster than it changes the price level. How might such timing play a role in the theory of political business cycles?
Explain the ways in which Fiscal Policy and Monetary Policy interact by using Keynesian IS and LM curves. Discuss the impact of an expansionary Fiscal Policy and Monetary Policy on the overall level of economic activity. Include the conditions in whi..
A monopolist faces the following demand curve and cost function: Find the equations for: Marginal Cost, Marginal Revenue, Average Total Cost. Calculate the elasticity of demand at the profit maximizing price
write a paper addressing the following questions and reflections.part a stakeholders amp interrelationships 1. describe
Consider a society with three individuals deciding whether or not to build a bridge. Adam and Bob get 5 utils from building the bridge, and Cathy gets -20 utils. Does the Median Voter Theorem predict the bridge gets built? Suppose individuals can lob..
What is organizational culture? What effect does it have on a organization.. Include in your rescission the positive and negative aspects of culture in an organization
For a good or service to be considered a ‘public good’, it must meet at least one criteria. Think of one good or service (other than education, healthcare, police/fire) that you believe is or should be classified as a public good and explain how it m..
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